Sokoman Minerals Triples Claim Holdings Along 65 km of the Valentine Lake Fault, Building Its District-Scale Treasure Island Project
Sokoman Minerals (OTCQB: SICNF) announced acquisition of mineral licenses expanding its holdings along the Valentine Lake Fault to 65+ km strike and 58,775 hectares, tripling its license area. The consolidation forms the 100% owned Treasure Island Project, positioning Sokoman as the largest landholder along strike of Equinox Gold's newly producing Valentine Gold Mine (initial resource ~4 Moz, first pour Q3 2025). The Moosehead Zone remains the most advanced target with 135,000 m drilled and multiple high-grade intercepts. Consideration: 4.5M shares and $50,000 cash, subject to regulatory approval.
Sokoman Minerals (OTCQB: SICNF) ha annunciato l'acquisizione di licenze minerarie che espandono le sue attività lungo la faglia di Valentine Lake a 65+ km di estensione e 58.775 ettari, triplicando l'area delle licenze. La consolidazione forma il progetto Treasure Island, di proprietà al 100% (100%), posizionando Sokoman come il maggiore detentore di terreno lungo la faglia della miniera Valentine Gold di Equinox Gold, recentemente in produzione (risorsa iniziale ~4 Moz, prima fusione di oro nel Q3 2025). La Moosehead Zone resta l'obiettivo più avanzato con 135.000 m di trivellazioni e molte intercettazioni ad alto grado. Controvalore: 4,5 milioni di azioni e $50,000 in contanti, soggetti all'approvazione normativa.
Sokoman Minerals (OTCQB: SICNF) anunció la adquisición de licencias mineras que amplían sus activos a lo largo de la falla Valentine Lake a un alcance de 65+ km y 58.775 hectáreas, triplicando el área de las licencias. La consolidación forma el proyecto Treasure Island 100% propiedad, posicionando a Sokoman como el mayor titular de terreno a lo largo de la línea de Equinox Gold's recién puesta en producción Valentine Gold Mine (recurso inicial ~4 Moz, primera fundición prevista para el 3T 2025). La Moosehead Zone sigue siendo el objetivo más avanzado con 135,000 m de perforaciones y múltiples interceptos de alto grado. Controvalora: 4,5 millones de acciones y $50,000 en efectivo, sujeto a aprobación regulatoria.
Sokoman Minerals (OTCQB: SICNF)은 Valentine Lake Fault를 따라 매장지 라이선스를 취득하여 보유를 65+ km의 연장과 58,775헥타르로 확장했으며, 면허 면적을 3배로 늘렸습니다. 이 통합은 100% 소유인 Treasure Island Project를 형성하며, Sokoman을 Equinox Gold의 신규 생산 Valentine Gold Mine의 추세를 따라 가장 큰 토지 보유자로 위치시킵니다 (초기 자원 ~4 Moz, 2025년 3분기에 최초 가공). Moosehead Zone은 135,000 m의 시추로 가장 진전에 있는 목표로 남아 있으며, 다수의 고급 관찰치를 확보했습니다. 대가: 4,5백만 주의 주식과 $50,000 현금으로, 규제 승인 대상.
Sokoman Minerals (OTCQB: SICNF) a annoncé l'acquisition de licences minières élargissant ses avoirs le long de la Valentine Lake Fault à 65+ km de strike et 58 775 hectares, triplant la superficie des licences. Cette consolidation crée le projet Treasure Island détenu à 100%, positionnant Sokoman comme le plus grand détenteur de terrain le long du strike de la Valentine Gold Mine d'Equinox Gold récemment mise en production (ressource initiale ~4 Moz, première coulée prévu au 3e trimestre 2025). La Moosehead Zone demeure la cible la plus avancée avec 135 000 m de forage et de multiples intercepts de haute teneur. Contrepartie: 4,5 M d'actions et 50 000 $ en espèces, sous réserve des approbations réglementaires.
Sokoman Minerals (OTCQB: SICNF) gaben den Erwerb von Mineralienlizenzen bekannt, der ihre Bestände entlang der Valentine Lake Fault auf 65+ km Lauf und 58.775 Hektar erweitert und damit das Lizenzgebiet verdreifacht. Die Konsolidierung bildet das zu 100% eigentümliche Treasure Island Project, das Sokoman zum größten Grundeigentümer entlang des Streikes von Equinox Golds neu produzierender Valentine Gold Mine macht (Anfangsressource ca. 4 Moz, erste Gussim im 3. Quartal 2025). Die Moosehead Zone bleibt das am weitesten fortgeschrittene Ziel mit 135.000 m Bohrungen und mehreren hochgradigen Befunden. Gegenleistung: 4,5 Mio. Aktien und $50.000 in bar, vorbehaltlich behördlicher Genehmigung.
Sokoman Minerals (OTCQB: SICNF) أعلنت عن استحواذها على رخص معدنية توسع ممتلكاتها على طول فاصل Valentine Lake ليصل 65+ كم من الاتجاه و 58,775 هكتار، مما يضاعف مساحة الرخص. التوحيد يشكل مشروع Treasure Island المملوك بالكامل بنسبة 100%، مما يجعل Sokoman أكبر مالك للأرض على طول اتجاه منجم Valentine Gold المستخرج حديثاً لشركة Equinox Gold (المورد الأولي ~ 4 Moz، الصب الأول في الربع الثالث 2025). تبقى Moosehead Zone الهدف الأكثر تقدمًا مع 135,000 م من الحفر ووجود عدة اكتشافات عالية الجودة. التعويض: 4,5 مليون سهم و $50,000 نقداً، رهناً بموافقة التنظيم.
Sokoman Minerals (OTCQB: SICNF) 宣布收购矿产许可，扩大在 Valentine Lake Fault 沿线的持有范围至 65+ 公里走向和 58,775 公顷，使许可区域扩大三倍。此次整合形成 Treasure Island Project 的100%自有所有权，使 Sokoman 成为 Equinox Gold 新兴的 Valentine Gold Mine 沿线最大的土地所有者（初始资源约 4 Moz，2025 年第三季度首次浇铸）。Moosehead Zone 仍是最具前景的目标，已钻探 135,000 m，并获得多项高品位截获。对价：450 万股股票和 $50,000 现金，需经监管批准。
- Land package expanded to 65+ km strike length
- Total area increased to 58,775 hectares
- 100% ownership of the consolidated Treasure Island Project
- Moosehead Zone with 135,000 m historic drilling
- Multiple high-grade intercepts (e.g., 70.3 g/t Au over 9.05 m)
- Acquisition consideration includes issuance of 4.5M shares
- Cash payments of $50,000 payable on closing
- Very limited exploration on remaining ~63 km of strike
- Adjacent Valentine Gold Mine data not indicative of Treasure Island
St. John's, Newfoundland--(Newsfile Corp. - October 8, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to announce it has secured the right to acquire mineral licenses covering 41,150 hectares along the Valentine Lake Fault, which also hosts Canada's newest producing gold mine operated by Equinox Gold Corp. The acquisition will position Sokoman as the largest landholder by strike length and area along the highly prospective regional fault system.
Highlights
- The Company's mineral license holdings along the Valentine Lake Fault will expand to over 65 km of strike length and an area totalling 58,775 hectares.
- This increase more than doubles the prospective strike length while tripling the area of its mineral licenses.
- The Valentine Gold Mine, operated by Equinox Gold Corp., started processing ore in August 2025, and with the first Gold pour in Q3 2025, will be Canada's newest large-scale gold mine with an initial mineral resource of 4 million ounces. The 2022 Feasibility Study on the Valentine Gold Mine outlined production of 195,000 ounces of gold per year.
- The Valentine Gold Mine is geologically situated along the Valentine Lake Fault zone, a large-scale regional fault structure believed to play an integral role in the formation of the deposit.
- Through two separate claim acquisition agreements and staking, the Company will transform its Moosehead and Crippleback claim groups to form the Treasure Island Project.
- The Treasure Island Project contains the largest mineral license package and longest strike length along the Valentine Lake Fault and positions Sokoman as the dominant explorer along strike of the Valentine Gold Mine.
- The
100% owned Treasure Island Project will be host to the most advanced gold zone outside of the Valentine Gold Mine at the Moosehead Zone, which has over 135,000 m of drilling completed to date, including high-grade highlights of:- 70.3 g/t Au over 9.05 m (MH-18-39)
- 45.0 g/t Au over 11.9 m (MH-18-01)
- 12.5 g/t Au over 39.6 m (MH-22-463)
- 69.5 g/t Au over 4.85 m (MH-24-649)
- 56.6 g/t Au over 5.55 m (MH-21-342)
- The district-scale Treasure Island Project covers a similar geological environment as the Moosehead Zone and includes several other known gold showings and occurrences with similar mineralogical characteristics.
- Outside of the 2 km strike length of the Moosehead Zone, very limited exploration and drilling has occurred along the remaining 63 km of the Treasure Island Project, which remains open for discovery.
Fig. 1 - Map Showing the Consolidated Mineral Licenses of the Treasure Island Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6079/269611_2af29345147e5b94_002full.jpg
"We believe the recent claim acquisitions are fundamentally transforming the Company's exploration strategy to take a district-scale approach while remaining focused on our core mineralized zones at Moosehead. With a dominant position along the Valentine Lake Fault, we believe the Company can apply its Newfoundland expertise to make other high-grade gold discoveries," said Denis Laviolette, Executive Chairman, CEO & Director.
The Company also reports that James Adams, Ph.D., CFA, has stepped down from the Board of Directors of Sokoman but will remain with the Company as a member of the newly formed Advisory Board. The Company wishes to thank James and Colin Bowdidge, Ph.D., for their years of service on the board and welcomes their continued involvement as Advisory Board members.
The Company is also pleased to welcome Kevin Keats as a member of the Advisory Board. Mr. Keats is a successful businessman and entrepreneur, and a member of the renowned Keats prospecting family, which was instrumental in the recognition, through multiple discoveries, of Central Newfoundland as a world-class destination for gold and base metal deposits. The Keats family were awarded the Bill Dennis Prospector of the Year Award in 2007 for their collective contributions to the mineral industry in Newfoundland & Labrador and abroad.
"On behalf of the Company, I thank James and Colin for their service as directors and look forward to working with them and Kevin through our new advisory board," said Tim Froude, P.Geo., President.
In connection with the mineral claim acquisition agreements, and subject to receipt of all required regulatory approval, the Company will issue 4,500,000 common shares and make cash payments totalling
Qualified Person
Greg Matheson, P.Geo., VP Exploration for Sokoman, a "Qualified Person" under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.
The information provided herein regarding the Valentine Gold Mine is not necessarily indicative of the mineralization on the Treasure Island Project. The Qualified Person has not verified the information concerning the adjacent property, and there is no certainty that the same results or mineralization will be obtained on the Treasure Island Project. This disclaimer is made in compliance with the requirements of National Instrument 43-101.
About Sokoman Minerals Corp.
Sokoman Minerals Corp. is led by an experienced management team and is the dominant explorer along the Valentine Lake Fault zone in Newfoundland, Canada's newest gold district. The Company's primary focus is its
For more information, please contact:
Denis Laviolette, Executive Chairman, CEO & Director
E: denis@sokomanmineralscorp.com
Cathy Hume, VP Corporate Development & Director
T: 416-868-1079 x 251
Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269611
FAQ
What did Sokoman announce on October 8, 2025 about SICNF?
How will the Treasure Island Project affect SICNF land position?
What consideration is Sokoman issuing for the claim acquisitions (SICNF)?
What evidence of mineralization exists on Sokoman's Treasure Island Project?
Does the adjacent Valentine Gold Mine guarantee results at Treasure Island (SICNF)?
When did the nearby Valentine Gold Mine begin production referenced by Sokoman?
